Fed's most 'hawkish' official: Further rate cuts need to be cautious as progress in inflation decline has slowed down.
① Federal Reserve Governor Baumann called for a continued cautious approach to further interest rate cuts, as progress in reducing inflation has slowed and the job market remains strong; ② Within the Federal Open Market Committee (FOMC), Baumann is the most hawkish official.
Wells Fargo & Co calls for 2025: Trump's policies and strong economy may push s&p 500 above 6600 points.
wells fargo & co raised the s&p 500 target range to 6500-6700 points, expecting economic growth and Trump's policies to boost corporate profit growth.
A single action can influence the whole body! The impact of nvidia on the US stock market is beyond imagination.
Nvidia's financial report shows approximately doubled year-on-year revenue and profit growth, but the revenue forecast for the fourth quarter did not meet the highest expectations of analysts, leading to a post-market drop of over 5% in stock price. Nvidia currently has a market cap of $3.6 trillion, accounting for 7% of the s&p 500 index weight, and its performance fluctuations significantly affect market sentiment. Nvidia's next generation Blackwell GPU has been fully put into production and is expected to be in short supply.
Survey: Nine out of ten economists still expect the Federal Reserve to cut interest rates next month, but the pace of rate cuts will slow down next year.
A recent survey released by industry media this week shows that most economists still expect the Federal Reserve to cut interest rates for the third consecutive meeting next month; however, due to the risks of rising inflation posed by the policy guidelines suggested by the elected US president Trump, economists' expectations for the interest rate cut magnitude in 2025 have noticeably decreased compared to a month ago.
Top economists: The risk of conflict between Trump and the Federal Reserve is "very high."
Former Chief Economist of the International Monetary Fund said that if the Federal Reserve does what it must do, it will hinder Trump from getting what he wants.
The global market is starting to foot the bill for Trump.
Those who invested in Trump politically are now able to publicly enjoy the fruits of victory.